CLT/Ufa ready to take 25% in RTV Ent.

Company looking to increase stake in Channel 5

BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel.

In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company.

According to the report, CLT/Ufa is also considering a fusion or joint acquisitions with other European powerhouses including Pearson, Endemol and United News Media.

In December, CLT/Ufa gained a 49.9% stake in German web Vox from Rupert Murdoch, giving it the majority stake. Company is also looking to increase its 29% stake in British web Channel 5.

More Biz

  • Ajit Pai Free Speech

    FCC Nears Vote to Repeal Net Neutrality Rules

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

  • Bob Iger Rupert Murdoch

    Disney-Fox Will Be Global Powerhouse, Especially in Asia and Europe

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

  • Disney Fox mega deal acquisition Illustration

    Disney to Buy 21st Century Fox Assets for $52.4 Billion in Historic Hollywood Merger

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

  • Staff members of online news publisher

    'Young Turks' Reporter Sues HuffPost Over Sexual Assault Report

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

  • Russell Simmons

    Russell Simmons Accused of Sexual Misconduct By Eight Women

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

  • Disney-Fox Deal: Uncertainty, Anxiety Heighten as

    Disney-Fox: Shock, Fear and Uncertainty Heighten in Face of Impending Mega Deal

    BERLIN — European heavyweight CLT/Ufa is in advanced talks with local kidvid company RTV Family Entertainment to take a stake in the company, according to German newsmag Der Spiegel. In exchange for rights to programming, CLT/Ufa is planning to take a stake of under 25% in the listed company. According to the report, CLT/Ufa is […]

More From Our Brands

Access exclusive content